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Global terminal operator, ICTSI, has agreed to connect its terminals to the TradeLens blockchain network, a platform developed by Maersk and IBM. This allows ICTSI’s 31 terminals permissioned access to accurate information on cargo movements in advance of...
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody’s Investor Service (“Moody’s”), reports Global Ship...
STEALTHGAS INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for the first quarter ended March 31, 2021, reports the company website. Operational and Financial...
Navios Maritime Partners L.P and Navios Maritime Acquisition Corp. announced a definitive transaction agreement providing for a combination of Navios Partners and Navios Acquisition. The transaction is carried out in a way where shareholders of Navios Acquisition will...
Singapore’s FSL Belief Administration has offloaded one other chemical tanker following the sale of the 2006-built FSL New York final month. The corporate has bought a 15-year-old FSL London. A recent news article published in the News Xpres states that FSL Sells...
Letter of Intent for an investment to support Brittany Ferries’ post-Covid-19 recovery. Commercial partnership unlocking synergies in freight transport across the Channel and to the Iberian Peninsula. Development of LNG excellence in France. A recent news article published in...
Greek boxship owner Costamare has sealed deal for three kamsarmax bulkers in two separate deals, reads the company website. Kamsarmax deal  Advanced Shipping & Trading and Seasure Shipbroking have named Costamare as the buyer of 2012-built pair Pedhoulas Builder and Pedhoulas...
Covid-19 pandemic forced cruise lines to delay ship launches, cancel sailings and cut costs. Cruise shipping is going through a period of recuperation. Industry stays positive saying “We will meet again – at Cruise Ship Interiors Expo and...
Castor Maritime Inc., announces the purchase of a 2010 Japan-built Kamsarmax dry bulk carrier for a price of $15.85 million, says a press release published on their website. Purchase agreement Castor Maritime Inc. (NASDAQ: CTRM), specializing in the ownership of dry...
A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has concluded a sale of the 2001-built CABU vessel, MV Banasol, as a dry bulk vessel, says a press release published on their website. The second hand value Second-hand values for older panamax...
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